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Trading Made Simple

  • #78,081
  • Mar 24, 2017 11:15am Mar 24, 2017 11:15am
Quoting ivanovvvv
ok thanks I am using TDI real time with emmanuel settings .Am I wrong or most of the time the entry is late... like 2 bars closed and then entry?
if u rely on an indicator the enttry is always late because an indicator (doesnt matter if it is TDI or anything else) shows u the past calculated on the PA.
Achieving your goals is only a matter of mental strength
  • #78,082
  • Mar 24, 2017 11:30am Mar 24, 2017 11:30am
Quoting ivanovvvv
{quote} Hi all ! I read a lot of pages and now I am confuse.This entry is made when 3 red candles are closed.Is this a wrong entry ?
Quoting ivanovvvv
ok thanks I am using TDI real time with emmanuel settings .Am I wrong or most of the time the entry is late... like 2 bars closed and then entry?
When trading the D1 chart, there is no such thing as the entry is late. Big E did not trade the D1 chart, do you know his reasons?

Big traded only traded H4 and H1. All his rules applies to his way of trading. If you want to trade the D1 chart, you need to define your own rules for entries and exits.

Learn to use Post#647 as your principal guideline to trade.

When your trade the reversal, then I agree that you try to enter on the reversals using HA candles 1 or 2.
But after the reversal, you can still enter on HA candle 3,4,5 .. and so on, provided you have done your top down analysis and know which is your Primary Trend you are trading in. You can trade by following the D1 candle after the reversal and there is an established trend. A strong trend can last more than 8 HA candles.

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #78,083
  • Mar 24, 2017 11:57am Mar 24, 2017 11:57am
Quoting emmanuel7788
{quote} {quote} When trading the D1 chart, there is no such thing as the entry is late. Big E did not trade the D1 chart, do you know his reasons? Big traded only traded H4 and H1. All his rules applies to his way of trading. ...

So there is no such thing like late entry on the D1? But on the lower? like H4 and H1? Mhh... Dont think so. If the entry is too late its too late even on the weekly or monthly. Big E was not trendtrading he was about momentum. Thats why we schould not take later than candle 2. For the intraday frames the time of the trading is important, so he traded the 4 H in the London session. And the 1 H in the beginning of NY. On the the daily we dont have this to take into account. But the momentum remains the same in a bigger frame for sure.
Newbies be warned of emmanuel7788. Hes not true.
  • #78,084
  • Mar 24, 2017 1:12pm Mar 24, 2017 1:12pm
Quoting emmanuel7788
{quote} {quote} When trading the D1 chart, there is no such thing as the entry is late. Big E did not trade the D1 chart, do you know his reasons? Big traded only traded H4 and H1. All his rules applies to his way of trading. If you want to trade the D1 chart, you need to define your own rules for entries and exits. Learn to use Post#647 as your principal guideline to trade. When your trade the reversal, then I agree that you try to enter on the reversals using HA candles 1 or 2. But after the reversal, you can still enter on HA candle 3,4,5 .....
Thank you for your respond! I don`t know the reason may be the daily time frame is not suit him.I just want to trade H4 this is what I like the best.I will continue reading.May be I have to define my own rules.
  • #78,085
  • Mar 24, 2017 1:19pm Mar 24, 2017 1:19pm
Quoting Malony
{quote} So there is no such thing like late entry on the D1? But on the lower? like H4 and H1? Mhh... Dont think so. If the entry is too late its too late even on the weekly or monthly. Big E was not trendtrading he was about momentum. Thats why we schould not take later than candle 2. For the intraday frames the time of the trading is important, so he traded the 4 H in the London session. And the 1 H in the beginning of NY. On the the daily we dont have this to take into account. But the momentum remains the same in a bigger frame for sure.
I am agree.Some of his trades are contra trend.I thing he trade H4 in London session because he sleep at that time.I thing that I can enter on H4 in 3 or 4 candels when I have a signal from a TDI in direction of daily and weekly and on 1 or 2 candels in contra trends.
  • #78,086
  • Mar 24, 2017 1:56pm Mar 24, 2017 1:56pm
hello, I haven't visited this topic for a while. Please could somebody upload the latest indi's and templates for me as I have a new PC and haven't got them.

Many thanks, cj.
  • #78,087
  • Mar 24, 2017 3:06pm Mar 24, 2017 3:06pm
Quoting ivanovvvv
{quote} I am agree.Some of his trades are contra trend.I thing he trade H4 in London session because he sleep at that time.I thing that I can enter on H4 in 3 or 4 candels when I have a signal from a TDI in direction of daily and weekly and on 1 or 2 candels in contra trends.
Hi ivanovv. I think he traded the London open because of the good luiqidity on this time. Somewhere he mentioned that he would prefer to trade that on his daytime, but the guys in London would not move to the area he`s living ^^ In my undestanding this is key. Thats why he always get out on a fixed time, if TDI did not get flat before. Trading like this in the Asiarange will not work(on the 4 H like he did). Thats why he wrote only enter on candle one or two. Sure one can enter later in direction of higher trend, but than you are not on his method and basicaly trendtrading. 2 different things in my opinion. Personally i would not enter on candle three or later, no matter the frame.
Newbies be warned of emmanuel7788. Hes not true.
  • #78,088
  • Mar 24, 2017 4:02pm Mar 24, 2017 4:02pm
Hi Ivanov

Quoting ivanovvvv
May be I have to define my own rules.
I would say just stick to the original rules, they definitely work for D1 in exactly the same way as they do for the lower timeframes. There is no need to reinvent the wheel here.
  • #78,089
  • Mar 24, 2017 7:45pm Mar 24, 2017 7:45pm
Hello to all, pls i need help , i am trying to load the TDI and other indicators in my platform but i cant. pls can anybody direct me on how to do it. i have forgot it,
  • #78,090
  • Mar 24, 2017 9:05pm Mar 24, 2017 9:05pm
Its weekend and its time for doing back-testing to learn what back-testing can do for you.

Go to this thread:
https://www.forexfactory.com/showthread.php?t=349418

if you have questions, post them in that thread and do not ask them here.

download those two EAs and run in your MT4 strategy tester. If you can read and code in mql4, then you can modifuy those EAs and trade like Big E using his H4 entry and exit rules base on his trading hours. Money management, you can try with his $10k deposit and risk 15% to 30% per trade. Exit is when the TDI green goes flat or hook back or when price move in your trade favour then and pulls back 10 to 15 pips, you keep the pips whatever the market gives you.
back-test with data from two different periods- from 2005 till 2010 and from 2011 till 2016. Compare these results and learn from them.

Those EAs results taught many of us what is possible and real. The rest are all figments of imagination.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #78,091
  • Mar 24, 2017 11:09pm Mar 24, 2017 11:09pm
Quoting Malony
{quote} Hi ivanovv. I think he traded the London open because of the good luiqidity on this time. Somewhere he mentioned that he would prefer to trade that on his daytime, but the guys in London would not move to the area he`s living ^^ In my undestanding this is key. Thats why he always get out on a fixed time, if TDI did not get flat before. Trading like this in the Asiarange will not work(on the 4 H like he did). Thats why he wrote only enter on candle one or two. Sure one can enter later in direction of higher trend, but than you are not on...
I will continue to reading and not enter on candle 3 or 4.Thank you
  • #78,092
  • Mar 24, 2017 11:11pm Mar 24, 2017 11:11pm
Quoting michael_k
Hi Ivanov {quote} I would say just stick to the original rules, they definitely work for D1 in exactly the same way as they do for the lower timeframes. There is no need to reinvent the wheel here.
thanks
  • #78,093
  • Mar 24, 2017 11:13pm Mar 24, 2017 11:13pm
Quoting emmanuel7788
Its weekend and its time for doing back-testing to learn what back-testing can do for you. Go to this thread: https://www.forexfactory.com/showthread.php?t=349418 if you have questions, post them in that thread and do not ask them here. download those two EAs and run in your MT4 strategy tester. If you can read and code in mql4, then you can modifuy those EAs and trade like Big E using his H4 entry and exit rules base on his trading hours. Money management, you can try with his $10k deposit and risk 15% to 30% per trade. Exit is when...
thank you I will do my homework
  • #78,094
  • Mar 25, 2017 12:35am Mar 25, 2017 12:35am
Quoting ivanovvvv
{quote} I will continue to reading and not enter on candle 3 or 4.Thank you

You must read Post#6.

and study old charts like this one below.

Attached Image (click to enlarge)
Click to Enlarge Name: 5-Method PA entries.png Size: 49 KB



also do not enter candle 1 and 2 when market is in consolidation, do not enter blindly.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #78,095
  • Mar 25, 2017 1:18am Mar 25, 2017 1:18am
Quoting emmanuel7788
{quote} You must read Post#6. and study old charts like this one below. {image} also do not enter candle 1 and 2 when market is in consolidation, do not enter blindly.
Thanks for the chart
True Grit!
  • #78,096
  • Edited 10:11am Mar 25, 2017 2:34am | Edited 10:11am
TDI (realtime) - vhf Adaptive of Market Base Line
Attached File(s)
File Type: ex4 TDI-RSI-Adaptive.ex4   238 KB | 553 downloads

Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 24 KB

default settings: TDI RT (realtime) & Adaptive = false
experimental settings: TDI Heiken Ashi & Adaptive = true
Attached Image (click to enlarge)
Click to Enlarge Name: Image2.png Size: 31 KB



For technical questions... you can go to this thread >>> here
Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
  • #78,097
  • Mar 25, 2017 5:42am Mar 25, 2017 5:42am
Quoting eelfranz
Entries and exits... We Enter a trade when green crosses red on the TDI at the beginning of that candle... If it's candle 3 or more don't enter... find another trade set up. The only exception is if green bounces off red and continues... it's ok to re-enter on the bounce... Exit your trade when the green TDI line goes flat, starts to hook over or makes a check mark reversal. If you add other things it will influence your decisions... usually to your detrament. Don't try to complicate it thinking it can't be this...

Entries and Exits

Based on this post#6, the Exit rule is : Exit your trade when the green TDI line goes flat, starts to hook over or makes a check mark reversal.

Look at this chart below, do we exit at point A? when the TDI goes flat?

Attached Image (click to enlarge)
Click to Enlarge Name: TDI Exit rule exception.png Size: 146 KB


Is there an exception to this rule? Anyone?

Would you hold on to that trade until point B?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #78,098
  • Mar 25, 2017 5:45am Mar 25, 2017 5:45am
Quoting v2vboni
TDI (realtime) - vhf Adapative of Market Base Line {file} {image} default settings: TDI RT (realtime) & Adaptive = false experimental settings: TDI Heiken Ashi & Adaptive = true {image} For technical questions... you can go to this thread >>> here

Hi v2vboni,



you continue to amaze me with your creativity and programming skills.

I may have a project idea for you. PM you next week.

Have a Good Weekend.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #78,099
  • Mar 25, 2017 6:36am Mar 25, 2017 6:36am
Quoting ivanovvvv
{quote} Thank you for your respond! I don`t know the reason may be the daily time frame is not suit him.I just want to trade H4 this is what I like the best.I will continue reading.May be I have to define my own rules.
We all know that Big E prefer to trade H4 and H1. He did not trade D1 and he has his own reasons.
But he did say that those with day jobs should not be afraid to trade the D1 chart. He did mentioned about doing some testing between July and Oct 2011 but did not post any results of his testing. He was last online in Dec 2011.

Therefore, I write my own rules when I trade the higher timeframes like D1 and W1. The basic rule for me is - use the HA candles, use the 5EMA Typical Price, Shift+3, and just one version of the TDI Realtime set to the pro settings 10,5,34,3,1,7. Stick to this very basic template as the rule. I know many of the more experienced traders got rid of the 5EMA and the Stochastics years ago. For me, the key is to rely more on the use of Price Action and Support/Resistance PASR + 5-Method.

If you want to trade like Big E, then follow his Post#1, Post#261 and Post#647 and use the TDI Red Green version (post#25). But you need discipline to be able to trade like him stand the chance to make some money.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #78,100
  • Mar 25, 2017 6:42am Mar 25, 2017 6:42am
Back-testing results for EURUSD H4 for Sep 2015 to Dec 2016.
Took 9 hours to complete run of this period.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD backtest H4 Sep2015 to Dec2016.png Size: 19 KB


Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD backtest H4 Sep2015 to Dec2016 report.png Size: 21 KB


If you had done your back-testing, please post and share your test results.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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